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Home My WebLink About1597 3. To place end conlinvo~siy keep on ihe b~~:d~nqs now oi hervafter e~tuate on sa~J land and on a'~ eGuipment and pe~eonnlly covered by this mong- aga, with ell premiurrR ~he~eon pa!d in full, fire insurance in ine Us~ol standa~J pol~ty form, in a su,n jF~rnved by the MORiGAGEt, end w~ndstorm insurnnce in the us~.,ai ~fandard poGcy form, in a s~m appro~ed by ihe MORTGAGEE, ir. iuch company or compen;es a• the ,V~ORTvAGEE mey direct; and all fire and wlndstorm ins~rance potlc~es on any of sa~d build~ngs, any intereet iherein or part lhereof, in rhe eggregaie sum aforesaid or in extes~ thereof, shall conlain the usu~1 standard mor~gagee c!auee or such other ciause as the Morrgegee may reqwre, meking rhe Inss ~nder ta~d poli- <ies, eath end every, payable to said MORTGAGEE as ~~a irde!est n,ay appear, and each and eve~y such po!icy shall be promptly ess gned and delivertd to ~ny held by said MORTGAGEE as fwiher aecurrty to sald mortgage debt, and, not less than ren (10) days in advance of the expiratfon of each poGCy, to dr livet tu said MORTGAGEE a renewal rhe~eof, together with a receipt for the premi~~m of auch rene.aal; and there shall be no f~re or wir.dstorm ins~rence pleced on any of said build~ng~, any inte~ett there~n or part thereof, uniess ir. rhe form'and with thr lose payab!e as aforefaid; and in rhe event any sum of money b~comes payable under such poiicy or policies said MORTC~AGEE shall have t~ie opt~on ro recc7ve and apply thc same on eccount o~ ihe indebtzd• ness secured hereby or ro permit said MORTGAGORS to receiv~ and ~so it or any pa~t the:eof for o;ii_r uur~,cses, w;:ho~i tn~.~c~~ w:,i•.~.,~ „r ~~„p,;;r- ing any equity, I~en or riyht under or by virtve of thii rnortgage; and iri the event sa~d MORTGAGORS shall for any reason faif to keep the safd prem(:es so in~ured, or fail tp deiiver prornpily any of aaid poGcies ol ins~ron~e to sa~d MORiGAGEE, or fa~! promptly to pay f~lly any pre~ni~m therefor or in any ro:Nect fail to peiform, discharge, execute, effect, complete, comply wirh and sbide by this covenant, or any part htreaf, said MORTGAGEE may piace a~~o pay for such insurunca or any part the~eof wrthout watving or affecting any option, lien, eqvity, o~ right under or by virtue of this Mortgage, and ~he full amo~nt of each and every 3vch payment shaN be immediately due ard peyab~e and shal; bear interest from the date thereof unti! p~~d a~ the rate oi n~ne per centum per annum a~ti togethcr with such imerest shali be secured by thr fien of this r?ortgage. 4. To permit, commit or suffer no waste, impairment or deterioration of safd property or any p~rt thereof. 5. To pey all and sing~lar the Xosts, tharges and expenses, ~ncluding a reasonable atrorney'~ fee and costs of abstratts of title, incurred or pa~d at any time by said MORiGAGEE, becaus~ or in the event of the failure on the part of the said MORTGAGOR to d~ly, promptly and fully perform, d~~charge. exacu,e, effect, complete, comply w~~h and ab;de by eath end erery the stipulat~ons, agreemenra, cond~tion3, and co~enanrs of sa~d promissory nore and th~~ mortgage an~ cr e~ther, and sa:d coars, charges and expenaes, each and every, shall be immediatefy due and payable; wherher or not the~e be norice d4 mand, attempt to collect or suit pend~ng; a~~d the full amount of each and every s~xh payment shall bea~ interes~ from the date thereof un!il paid at the rate oF nine per cznturr per annum; anc! all said costs, char~es and expenses 1nc~rred or paid, togethar w,th auth intereat, shall be iewred by the lien of th~s mortgage. 6. That (a) in the event of any breach of this Mortgage or defauft on the part of the MORTGAGOR, or (b) in the event ~ny af sa~d sums of money herein referred to he not promprty and fuliy paid w~thin rh~rry (3~; days nex~ atrer the same se~e~a'!y betome due and payable, withovt demand or no~ice, or (c) in the eve~t each and every !he stipu~ations, agreements, cond~tions and tovenams of sa d promissory note a~~d th~s mortgage any or either are not ~uly, prompNy anci fuliy periormed, d:scnarged, executed, effecred, completed, compl~ed wNh and ab~ded 5y, ihen in e~rher rr any such event the sa~d ag gregate sum me~t~oned in said promissory note then remaining unpaid, wirh interest accrued, and all mor~eys secured hereby, shall become d~e and pay able for~l~with, or therediter, at !he opt;on of Sa+d MORTGAGEE, as ful~y ar.d complelely as i4 all of !he said sums of money were originally ltipu!ated to be pnid on 3uch day, anythinq in sa:d prom~ssory note or in this Prlortgage fo the cOntrary notw;lhstand~ng; ar.d thereupon or thereafter at the option ef said MORTGAGEE, wlthout notlce or demand, wit at law or in equity, thereiare or thereafter begun, may be prosewted as if ail moneys secured hereby had ma!ured pr~or to its inst~tution. 7 That in the event that at the beginning of or at any time pend;nq a~y su~t upon th~s Morrgage, or to foreclose it, or to reform ;t, or to enfcrce payment of any da~ms hereunder, said MORTGAGEE shall apply to the Co~rt having ju~~sd:ction thereot for the appo~nrm~n! of a Receiver, wch Coun snail forttiwith appo~nt a recefver of sald mortgaged pioperty all and sing~lar, inNud ng a~I and smg~lar the fncome, prof~ts, issves and reven~zs from whate~er source derived, each anc! every ot wh~ch, ~r be~ng expressty understood, is F:ereby morigaged as if spec~ficaily set `.onh aeJ described in the g~anfing and habend~m clauses hereof, ar,d such Receiver shall have all the broad and effecrl~e funcc,ons and powers in anywize entrusted by a Court so a Reteiver, and such aopointmenl shal~ be made by svch Court as an ad~nitred eqvity an~ a matter of absolu~e r~ght to said MOR7GAGEE, and witho~t reference to the edeq~acy or inadeq~acy of the val~e of the properry morrgaged or tc !he sa.vency or ;nsolveney of said MORiGAGQR or the defendanrs, ar,d that such rents, profits, in~ome, issues antl revenues shai~ be applied by wch Receiver accord:ng to the lien or equity of safd I~SORiGAGEE and the pracrice of s~ch Courf. 8. To du!y, prompHy and iully perform, dlscharge, execute, effect, comp!tre, comply w~rh and a61de by each and every the stlpulationi, agreements, conditions and co~enanrs ~n sa~d promissory nofe and th;s mortgage set ionh. 9. That in the evAnt the ownersh~p of the rt'~ortgaged premis?S, Or any part thereof, becomes vested in a person other than the MORTG4GOR, ihe MOR7GAGEE, i's successors and assigns, may, without no~ice to the ~V10RTGAOR, deal with such s~ccessor or suaessur in interest ~vith reterence to this mortgage an~i the debt hereby setured in tha same rr;anner as w~~h r,Aortgagor w:;hout in any ~vay vit~ating pr d~scharg~n~ the ~l,crtgagors' I~ability here- under or upan the debt he~eby sec~red. No sale of the Fremiae~ hereby rnortgaged and n~ fo;beara~ce on the pa~t of rhe MORTGAGEE or its successors or assions and ro extens~on of the time fo~ tha payme~t of the debr hereby secured given by the MQRTGAGEE or its successon or ass'gns, ahali operate 1o re~ea~e, d~scharge, mod~fy change nr aff=ct the ori~~nal (ia~~I~ry of rhe NtORTGAGpR here~n, either in whole or in part. i0. It is spec~fical~y agreed ihat time is of th~ essence of rh~s tontract and that no waiver of any ~b!fgat~en hereunder or of fFe obligaticn ap- c~:ed hereby aha!: at any time thereafter be he!d to be a wai~er of the terms hereof or of the instrument secured herby. 1 l. In addnion !o the forego'ng rnon~h!y payments of pri^c pa! and inreresr re?o re~ by the p:orn ssory n0!e s=_cured her~bi, mortgayor cpvenants and a•~reea to pay te n,ortgagee w~th each m~nrh+y pa;~nent an add:riona( s~m esr n~3teci by n~,orrgsqee ro be eq~ai ro l )2 0` t':c ar.nva; cosr oi rhe toliox- inq: A-All real prcp^rty ta:es levlr_~„ or d55C15CO ag~i•~st th~ acove desnlbed real es±are. 6--Prerr~ums on fire and w•indsror,,, insvrarce as here~n requ;red to be carr"ed on th> :m,.rovemen's s:rvate en the above d=scr{~ed premises. C-Premiu;ns on such rnortgage guaranty irzurar.ce as mcrtgagee shail frcm ; me to ri~re deern fit to carry en the 'oan s^cured hereby. Mortgagee sha!; .'rom ti.r.e to time r.eri'y mongagor ~n wr;t~ng of the ar,ount d.,e and payab'e he~e~nder and sucn su~,. shai; therz~p~n be due and Fayab'e on the due ca+e of the n~xt month!y payment ar.d earh so:cess~ve n-o~!1,, tF.ereah~r ur.!i; mcriqagee sha!1 not:fy~ mor;g~;~or of a cnar.~e in such amount. Su;h wms ~Fa:i oe appGed by mertga~ee tor~ard the payment of reai p~crerty iaxes, inwrance pr~m~u.ms, and mort~age g~aranty ins~rar,ce pren:iums. IN \'JITNE55 `~"iHEREOf, the said MdRTGAGCR has hereun!o set his hand and seal the da~ and year 'irst a`oresaid. ' ' igned, Se d and ,vered in the presence of: HBtiR_ I,S CONSTHU~C'TI4 ~~,~~'~,ION 2 «cr e~x~ y 1~ , e`~ t LU : Attest ° ~ ~+i ~ r ank l i n s c~~y ~ _ . , ~ ~ v~/?.j .Y , STATE OF ~LOR?DA ~ COUN7Y OF ST. LUCIE t HEREBY CERTIFY, That on this_ ~ ~+ay of ~ Decemb~r - A.D. 19 6~ , b~fore me persanally appeared _ t~i i 1 i Arn ~,~~_HArri s and Frankl jn A_=_. H~rrig respeGtively Presideni and , Secretary _ • ~ ' ' ~ of HARRTS ,ONS~PRITI'TTOj+j ~~`~~?o~A~m?ON___ a F'1 Qrida Cocparatidn, to me . , r. nown tc, b~ the persons described in and who executed the foregoing insTrument, anc! severally acknowi~dgec~ th+~ ex~ cution therepf~t~•be.thair free act and deed as sucfi officers for the uses and purposPS therein mentior~~~,at1d"3~t,t#?ey, ~ affixed thereto~~fhe`.p~fici~j seal of said corporation, and the said instrvment is the act and deed of~:Said'•.ror,fiosatior~: . ` WtTNESS. rn~eq`ct^a d o~fiqaf s~al at ~ort pierce . ~ ~ ~ , seid count and state. ~ ~ ~ " -b : - FILED Np pE ~ C/ ,n ~''fr'_,_ _~l~~j ~~OT~~ ~ tary Public, i and for State and County aforesaid, ~ ~ ~ , -°~~G'z-~t't~w Y Commission Expires: . .`~jdt8~ ~+'tP p` F~ ~i... ~ ~YP~ ~rn 1~ rf~ O~ M) l.r.`~; s.1 ` f. 13Ei~. ~.v ~ `3~7(1.~~1.1 :i)_ ~~;ii~fw&;;~ ~~~td'.y' C~G. a( Y, ~ J F~~G~;; r'..i i ri~, ^ ~ ~K ~,,,.4 ~ s ~ ? ~